Savings Account

If you're looking for a lower cost option, you could consider a Personal Banking Account. Not only does it offer our lowest eligibility criteria for a single account, it also has the lowest fees if you don't meet them. See our Schedule of Services and Tariffs (PDF, 483KB) for details. 

This HSBC account comes with a debit card and monthly statements. Please refer to our Schedule of Services and Tariffs (PDF, 483KB) for a complete list of services along with any fees and charges associated with them.

Any online approval given is conditional and subject to the information in these documents. 

We'll need to see originals of the following:

• Passport (for all customers)
• Valid UAE residence visa (for non-GCC national customers only)
• Emirates identification card (for all customers)
• Proof of UAE residence in the form of either a utility bill/ rental/ lease agreement/ title deed/ employment letter
• Original labour card/work ID (for female applicants on father's/husband's sponsorship)
• Original trade licence (for all self-employed customers)
• For income transfer customers, original income transfer letter from the employer must be provided

If you're applying for a joint account, all the potential account holders will need to come into a branch or customer service centre with their documents. 

Please note, that we may request further information or documentation from you, in order to comply with the Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standards (CRS).